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Ferrero-related company to buy Burton's Biscuit Company from Ontario Teachers'

Christian Fernsby |
A Ferrero-related Company announced that it has entered into a definitive agreement to acquire Burton’s Biscuit from Ontario Teachers’ Pension Plan Board.

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Topics: FERRERO    BURTON   

Burton’s employs approximately 2,000 people across six manufacturing locations in the UK and generated sales of more than £275 million during the last 12 months. Burton’s produces some of the best-loved brands in the UK biscuit market including Maryland Cookies, Jammie Dodgers, Wagon Wheels, Paterson’s and Thomas Fudge’s. The business has a history in the British biscuit market dating back to 1935, with a very strong heritage and brand awareness.

As part of the transaction, the Ferrero-related Company will take over the six production facilities in United Kingdom, which are based in Blackpool, Dorset, Edinburgh, Livingston, Llantarnam and Isle of Arran.

Through this acquisition, the Ferrero-related Company expects to enlarge the offer of products in the sweet biscuits market, further to the previous acquisitions of Biscuits Delacre, Kelsen Group and Fox’s.